State Treasurer Gina Raimondo has hired Anne-Marie Fink as the state's chief investment officer, replacing Kenneth Goodreau, who, Raimondo says, is leaving after four years for a CIO job with TIG Advisors, effective January 1.
Via news release:
Fink will be responsible for managing the state's $7.3 billion dollar pension system.
After a week in which the Wall Street Journal reported on a six-figure contribution to EngageRI by a Houston billionaire, state Treasurer Gina Raimondo is now supporting disclosure about contributors to the pension overhaul advocacy group.
Everything pales in comparison to the horrific news today from Newtown, Connecticut, where a gunman killed more than two-dozen people, including 20 children. Governor Lincoln Chafee says state officials have offered to assist their counterparts in Connecticut . . . . Here's my countdown for the week:
Providence police on Thursday approved, by an 89 percent margin, a settlement with the City of Providence that, the city says, saves $18.5 million in the current budget year and cuts the pension plan’s unfunded liability by at least $170 million. The vote, word which came in via mobile phones as city officials joined reporters for a holiday party at the home of David Ortiz, Mayor Angel Taveras’ press secretary, is the latest in a string of negotiated settlements in Providence.
Amnesty International holds its 25th annual Write-A-Thon on Sunday (Dec.16th) between 1 and 5 p.m. in the Parish House at the First Unitarian Church in Providence. The church is located at the corner of Benefit and Benevolent Streets on the city’s East Side.
The Write-A-Thon is organized to help the public write letters on behalf of prisoners of conscience and people at risk.
Governor Lincoln Chafee, as part of a statement following today’s school shooting in Newtown, Connecticut, says RI officials have offered their assistance to Connecticut. Here’s the governor’s full statement:
The word “tragedy” is used often these days, but it is difficult to think of a more truly tragic turn of events than what occurred in Newtown, Connecticut earlier today.
On behalf of all the people of Rhode Island, our most sincere condolences and sympathy are with the families of the victims of this horrendous crime.
Gary Alexander, the former director of the state Department of Human Services, is costing Pennsylvania taxpayers thousands of dollars by traveling by car from a home in Rhode Island to his current job as Pennsylvania’s secretary of public welfare, according to a published report.
Stephen Hourahan, a top adviser to Governor Lincoln Chafee, is leaving the administration for a job as chief advancement officer with Family Service of Rhode Island.
Via news release:
Hourahan left Family Service in 2009 to join the successful Chafee for Governor campaign. He also served as Communications Director for then-Senator Lincoln Chafee and in a variety of positions for the late Senator John Chafee.
James Diossa, the mayor-elect of Central Falls, says EngageRI should disclose its contributors in the interest of transparency.
“I’m all about open [government] and honest and transparency, so I believe it should be open,” Diossa said during a taping this morning of RIPR’s Political Roundtable. The segment will air during Morning Edition at 5:40 and 7:40 on Friday.